A significant percentage of Dhaka’s consumer tech startups are basically urban services. Many of these services, at their current form, have no or limited market outside major urban hubs such as Dhaka, Chittagong, and Sylhet and probably Cox’s Bazar.
More importantly, many of these services don’t cater to all the urban population. They serve only a small percentage of the urban population, mostly upper-middle-class group.
If this trend continues and startups don’t change themselves at the value proposition level, a large number of these consumer tech startups would find them in rough places and would struggle to generate numbers that could attract serious venture capital investment.
In-depth actionable analysis
In-depth analysis on startup, business and technology scene in Bangladesh that you would not find anywhere else.
Daily and weekly newsletter
Get our daily and weekly newsletter with our most important stories directly to your inbox.